1, the Russian economy has changed in the past 30 years

dramatically. Russia had a lot of dept to the united states, but

when they found the huge amount of oil income. They paied
of the dept and became one of the richest. For the average
person though it was not great, he raised the taxes and it got
wrose.

2, Russia has been really economically low because of the

communisim and there wasted money on dump projects.
They had a lot of dept to the us. They also have high taxes,
when oil was found though it went on a uprise.

3, with Russia being a communist country it had to trat

everyone the same way, that would be hard to maintain
because if the country isn’t doing well they would still have
to give. If the country wasn’t really doing well they would do
even worse with people being mad.

4) Russia has some of the world's largest reserves of oil, natural

gas, and other raw materials, many of which are critical to industrialized
countries. Many European countries and former Soviet states are highly
dependent on Russian natural gas.

Natural resources remain a crucial part of Russia’s economy and

play a role in its projection of power abroad. Domestically, resource
rents (profits) account for 10.7% of Russia’s GDP. As with most of the
world’s economies, Russia’s services sector has grown to be its largest,
now accounting for 62.3% of GDP. However, resources play an outsized
role in maintaining the Russian state. According to Russia’s Federal Tax
Service, Russia’s Mineral Extraction Tax accounts for 29.2% of
government revenues. Russia’ Audit Chamber, taking into account a
broader range of taxes and revenue sources, asserts that 47.8% of
revenues come from the oil and gas industry alone.
 Russia’s Ministry of Natural Resources estimates that Russia’s
current proven resources for which development permits have been
issued are worth $873 billion dollars. Concentrating taxation on this
large and relatively easy-to-track revenue source, Russia has been able
to maintain relatively low corporate profit tax (15-20%) and personal
income taxes (a 13% flat tax). As a strength abroad, much has been
made of Russia’s use of resources as both a stick and carrot in its foreign
policy. Russia is a major producer of cobalt, chrome, copper, gold, lead,
manganese, nickel, platinum, tungsten, vanadium, and zinc.

5) Russia's five export partners are China, the Netherlands, United

Kingdom, Germany, and Belarus. Russia mainly exports hydrocarbons
(more than 50% of total exports), solid fuels, wheat and meslin, iron and
steel, precious metals, precious stones, and wood, and mainly
imports machinery, pharmaceuticals, electronics, electrical products,
vehicles, and plastics.
Both exports to and imports from Russia decreased in the past 30
years the trade deficit remained throughout the whole period, reaching
EUR 16 billion. Both exports to and imports from Russia decreased
between 1990 and 2021.

6) The most successful industries in the past 30 years are

Information technology, Construction, Drink manufacturing,
Personal service, Direct retail, Finishing contracting, Real estate,
Trucking, Architectural engineering, Healthcare, Financial services,
Transportation.

Operators in the Hand Sanitizer Manufacturing industry

produce hand sanitizer products in a variety of forms, including
foam, gel, wipes, and liquid, along with dispensers for industry
 products. Industry revenue has experienced healthy growth, rising
an annualized 3.9% to $74.4 million over the five years to 2020,
including an increase of 16.6% in 2020 alone due to heightened
demand because of the recent COVID-19 (coronavirus) outbreak.
Besides the ongoing coronavirus outbreak, growth can largely be
attributed to heightened consumer health consciousness over the
past five years leading to a rise in total health expenditure.

The Postal Service industry, analogous with the United States

Postal Service (USPS), experienced increasingly difficult operating
conditions and ultimate revenue declines. Committed retiree payouts
have resulted in the USPS posting near-consistent negative profit since
2006, unable to reduce its largest operating expense. Moreover, the
growth of online services, such as mobile banking and e-mail, has
strained demand for traditional postal services during the five-year
period, and the industry's sole business continues to operate on a loss.
However, late-period opportunities arose for the industry, keeping
revenue from declining more drastically.

7. Russia’s today economy is best described as a mixed economy,

because it came a long way since the breakup of the Soviet Union and
the command economy in 1991. Now the government only owns the oil
and gas industries, in 2006 Putin cutoff gas supplies to Ukraine. Also,
most experts agree that Russia’s economy is controlled by a small circle
of powerful small groups of people (oligarchs). Those wealthy people
own or manage the important businesses in Russia.

8. in the upcoming years Russia is more likely going to turn into a

market economy. After 1991, under the leadership of Boris Yeltsin the
country made a significant turn toward developing the country of
Russia toward market economy. They tried to do it by implanting basic
tents such as market-determined prices. Also, they want to do it
because, they want a growth in an environment full of stable prices and
exchange rates. Also, another reason they want to do it is that they
want to open domestic markets to foreign trade and investments
linking the economy of Russia (market economy) with the rest of the
world, and this was an important goal for the Russian government.

9. A problem that Russia will face in order to go forward and one of

them is global energy landscape. Russia’s economy heavily relies on its
energy and that is one of the things that is going to make Russia grow
economically. Another problem is weak institution, Russia’s institution
is ranked 133 out of the 144 countries in the world economic forums
global. Development of the country’s institution is one of the key
challenges going forward. Also, Russia’s has higher level corruptions
than other countries. Also, experts say that corruption in Russia has
engrained in the country’s system of wealth creation and distribution.
 Russia

The Russian economy has been all over the

place these past years. Due to the fact Russia is

a communist country it has to be equal with each

party, but this means if something bad happens

to the countries economic view point they would

have more taxes which will make people mad.

Russia had previously dept due to the united

states of America, they were in a bad state, but

Russia found a lot of natural sources of money.

Oil natural gasses etc. Russia though made

peoples taxes higher people where really mad

because Russia was supposed to be a

communist country they should give people

equal rights. Thew country did not luckily go into

a civil war. Today Russia is based on a mixed economy.

And the government have their hands on one single thing

which is the oil and gas supplies. In 2006 the president of

Russia Vladimir Vladimirovich Putin cut out the oil and

gas supplies going in Ukraine because of the conflict they

had. Most businesses in Russia are held by small powerful

group of people called oligarchs. Although they are a

small group of wealthy people, they hold most of

businesses in today’s Russia. In the upcoming years

Russia is going to develop into a market economy. When

the incident of 1991 happened under the leadership of

Boris Yeltsin, the country planned to make and develop

their country towards a market economy. They tried

changing their economy by implanting basic tents such as

market determined prices, and the reason behind changing

Russia into a market economy is that the government

wants to open foreign trades linking the economy of

Russia and make trading friends with every country, so

Russia can be benefited and get the goods and wants they

need, and that was an extremely important goal for Russia

turning its economy into a market economy, rather than a

mixed economy. Russia is facing many problems in order

to go forward successfully with the economy. One of

them is global energy landscape. Russia heavily relies on

the global energy landscape in order to go forward

successfully, because the energy in Russia is one of the

things that will make Russia go forward successfully

rather than fail. Another problem Russia is facing weak

institution. Russia’s institution is ranked 133 out of the

144 countries, and the development of the country’s

constitution is one of the key challenges for Russia going

forward successfully. Another important problem Russia

is facing is corruptions. Russia has very high level of

corruptions than other countries. It also has been studied

and said by experts that the corruption in Russia has

engrained in the countries system of wealth creation and

distribution. So, Russia is going to have to face some

major problems for this country to succeed going forward.

Russia has some of the world's largest reserves of oil,

natural gas, and other raw materials, many of which

are critical to industrialized countries. Russia depends

on minerals and resources. Both imports and exports

from and to Russia decreased in the last 30 years the

Soviet Union collapsed in 1991, After that collapse,

Russia moved more in the direction of a free market

economy. Some industries succeeded and some failed

in the last 30 years Russia's five export partners are

China, the Netherlands, United Kingdom, Germany,

and Belarus. In the last 30 years some industries have

succeeded, and some have failed to continue, some of

the most successful industries in the past 30 years are

Information technology, Construction, Drink

manufacturing, Personal service, Direct retail,

Finishing contracting, Real estate, Trucking,

Architectural engineering, Healthcare, Financial

services, Transportation.

The dissolution of the Soviet Union was a process of

systematic disintegration, which occurred in the

economy, social structure, and political structure. It

resulted in the abolition of the Soviet Federal

Government and independence of the USSR's

republics on 26 December 1991. One of the reasons of

the Russia collapse in 1991 is

Gorbachev's decision to allow elections with a multi-

party system and create a presidency for the Soviet
Union began a slow process of democratization that
eventually destabilized Communist control and
contributed to the collapse of the Soviet Union. Russia
main exports are hydrocarbons, solid fuels, wheat and
meslin, iron and steel, precious metals, precious
stones, and wood, and mainly imports machinery,
pharmaceuticals, electronics, electrical products,
vehicles, and plastics.